CHAPTER 3. Loan of Money
Chapter 3 enacted 1872.
§§ 1912–1916.12 · 14 sections
- § 1912 A loan of money is a contract by which one delivers a sum of money to another, and the latter agrees to return at a future time a sum equivalent to that which…
- § 1913 A borrower of money, unless there is an express contract to the contrary, must pay the amount due in such money as is current at the time when the loan becomes…
- § [1914.] Section Nineteen Hundred and Fourteen. Whenever a loan of money is made, it is presumed to be made upon interest, unless it is otherwise expressly stipulated…
- § [1915.] Section Nineteen Hundred and Fifteen. Interest is the compensation allowed by law or fixed by the parties for the use, or forbearance, or detention of money.
- § 1916 When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an…
- § 1916.1 The restrictions upon rates of interest contained in Section 1 of Article XV of the California Constitution shall not apply to any loan, or any forbearance,…
- § 1916.2 The restrictions upon rates of interest contained in Section 1 of Article XV of the California Constitution do not apply to any loans made by, or forbearances…
- § 1916.5 (a) No increase in interest provided for in any provision for a variable interest rate contained in a security document, or evidence of debt issued in…
- § 1916.6 A security document, or evidence of debt issued in connection therewith, executed pursuant to Section 1916.5 may provide that the rate of interest shall not…
- § 1916.7 (a) Sections 1916.5, 1916.6, 1916.8, and 1916.9 of the Civil Code, and any other provision of law restricting or setting forth requirements for changes in the…
- § 1916.8 Any lender may make, purchase or participate in a renegotiable rate mortgage loan under this section if the loan complies with the provisions of this section…
- § 1916.9 (a) Every lender who offers a renegotiable rate mortgage loan pursuant to Section 1916.8 to a borrower who occupies or intends to occupy the property which is…
- § 1916.11 Notwithstanding any other remedy a borrower may have based on an alleged failure to comply with Sections 1916.5 through 1916.9, the lien of the mortgage or…
- § 1916.12 (a) The Legislature finds that the economic environment of financial institutions has become increasingly volatile as a result of regulatory revisions enacted…